Cheap homes for sale & real estate in 38127, TN

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ABOUT THIS HOME
Cheap Home for sale in 38127, TN:
Reduced for a quick sale. Fully rehabbed 3BR with NEW roof, NEW Kitchen, NEW half bath + laundry. Large 0.44-acre lot. Beautifully refinished hardwood floors throughout. FHA/VA/Conventional

$119,500

3 beds1.5 baths— sq ft

3766 Argonne St, Memphis, TN 38127

New kitchen • 0.44-acre lot • New roof

ABOUT THIS HOME
Cheap Home for sale in 38127, TN:
New painting, New appliances, New HVAC, Big Courtyard, Nice Sunroom.

$93,500

3 beds1.5 baths1,531 sq ft

2176 Burnham Cv, Memphis, TN 38127

New hvac • Nice sunroom • New painting

Listing provided by REALTRACS as Distributed by MLS Grid

ABOUT THIS HOME
Cheap Home for sale in 38127, TN:
Move-in ready and affordably priced, this charming 3-bedroom, 2-bathroom home offers comfort and convenience for any lifestyle. The large backyard is perfect for entertaining or relaxing outdoors. Don't miss this incredible opportunity to own a beautiful home that is ready for you to move right in!!

$155,000

3 beds2 baths— sq ft

2535 Clearpark Dr, Memphis, TN 38127

Large backyard • 1,306 sq ft lot • Parking

ABOUT THIS HOME
Cheap Home for sale in 38127, TN:
Wonderful renovated home! Living room with fireplace and hardwood floors 3 BR 1.5 BAs. New roof and HVAC systems approximately 1 yr old. Move in ready, tenant occupied. Previously approved Section 8. Tenant's rent is $1,100. Security Deposit $1,000. Lease expires in January. Great for home buyer or investor. No wholesalers. All offers must be accompanied with proof of funds or preapproval letter. Showings contingent upon an accepted offer. Seller previous offers with no repairs or contingencies.

$175,000

3 beds2.5 baths— sq ft

2004 St Elmo Ave, Memphis, TN 38127

Renovated home • New hvac systems • Move in ready

ABOUT THIS HOME
Cheap Home for sale in 38127, TN:
GREAT INVESTMENT OPPORTUNITY! This 3 bedroom, 2 bathroom brick home is rented for $1,150/month to a stable, long-term tenant with a lease that is good until 6/30/2026. Professionally managed. Home was totally refurbished in 2024 including- brand new roof, HVAC, water heater and cosmetic upgrades. Tenant ledger and maintenance report available upon request. Convenient location near many amenities will keep this home in consistent demand for tenants and homeowners alike! No seller financing, wholesale, or creative offers. Cash or conventional offers only. Please do not disturb tenant.

$136,000

3 beds2 baths— sq ft

1876 Coventry Dr, Memphis, TN 38127

Hvac • Brand new roof • Totally refurbished

Property at 1755 Whitney Ave, Memphis, TN 38127, 2 beds, 1 bath

$99,000

2 beds1 bath— sq ft

1755 Whitney Ave, Memphis, TN 38127

Property at 3675 Mountain Terrace St, Memphis, TN 38127, 3 beds, 1 bath

$110,000

3 beds1 bath— sq ft

3675 Mountain Terrace St, Memphis, TN 38127

Property at 766 Fite Rd, Memphis, TN 38127, 3 beds, 3 baths

$290,000

3 beds3 baths— sq ft

766 Fite Rd, Memphis, TN 38127

Property at 706 Northaven Dr, Memphis, TN 38127, 3 beds, 1 bath

$124,901

3 beds1 bath— sq ft

706 Northaven Dr, Memphis, TN 38127

Property at 4446 Range Line Rd, Memphis, TN 38127, 3 beds, 1 bath

$124,700

3 beds1 bath— sq ft

4446 Range Line Rd, Memphis, TN 38127

Property at 3914 Schoolfield Rd, Memphis, TN 38127, 3 beds, 1 bath

$129,700

3 beds1 bath— sq ft

3914 Schoolfield Rd, Memphis, TN 38127

Property at 2581 Callie Rd, Memphis, TN 38127, 3 beds, 1 bath

$105,000

3 beds1 bath— sq ft

2581 Callie Rd, Memphis, TN 38127

Property at 3214 E Shirley Cir, Memphis, TN 38127, 3 beds, 1 bath

$135,000

3 beds1 bath— sq ft

3214 E Shirley Cir, Memphis, TN 38127

Property at 2147 Pamela Dr, Memphis, TN 38127, 3 beds, 1 bath

$109,900

3 beds1 bath— sq ft

2147 Pamela Dr, Memphis, TN 38127

Property at 2610 Derbyshire Ave, Memphis, TN 38127, 3 beds, 1 bath

$95,000

3 beds1 bath— sq ft

2610 Derbyshire Ave, Memphis, TN 38127

Property at 1560 Delano Ave, Memphis, TN 38127, 3 beds, 1 bath

$114,000

3 beds1 bath— sq ft

1560 Delano Ave, Memphis, TN 38127

Property at 3256 Denver St, Memphis, TN 38127, 3 beds, 1.5 baths

$122,000

3 beds1.5 baths— sq ft

3256 Denver St, Memphis, TN 38127

Property at 2601 Dakar Ave, Memphis, TN 38127, 3 beds, 1 bath

$64,900

3 beds1 bath— sq ft

2601 Dakar Ave, Memphis, TN 38127

Property at 4218 Wagon Wheel Dr, Memphis, TN 38127, 3 beds, 2 baths

$115,000

3 beds2 baths— sq ft

4218 Wagon Wheel Dr, Memphis, TN 38127

Property at 1328 Quinby Dr, Memphis, TN 38127, 3 beds, 2 baths

$131,500

3 beds2 baths— sq ft

1328 Quinby Dr, Memphis, TN 38127

Property at 2224 Willow Wood Ave, Memphis, TN 38127, 3 beds, 1.5 baths

$74,900

3 beds1.5 baths— sq ft

2224 Willow Wood Ave, Memphis, TN 38127

Property at 1992 Driftwood Ave, Memphis, TN 38127, 3 beds, 1 bath

$140,000

3 beds1 bath— sq ft

1992 Driftwood Ave, Memphis, TN 38127

Property at 1391 Haywood Ave, Memphis, TN 38127, 3 beds, 1 bath

$90,000

3 beds1 bath— sq ft

1391 Haywood Ave, Memphis, TN 38127

Property at 2892 St Elmo Ave, Memphis, TN 38127, 3 beds, 2 baths

$160,000

3 beds2 baths— sq ft

2892 St Elmo Ave, Memphis, TN 38127

Property at 2558 Steele St, Memphis, TN 38127, 2 beds, 1 bath

$67,750

2 beds1 bath— sq ft

2558 Steele St, Memphis, TN 38127

Property at 1100 Creston Ave, Memphis, TN 38127, 2 beds, 1 bath

$90,000

2 beds1 bath— sq ft

1100 Creston Ave, Memphis, TN 38127

Property at 855 Par Ave, Memphis, TN 38127, 3 beds, 1 bath

$100,000

3 beds1 bath— sq ft

855 Par Ave, Memphis, TN 38127

Property at 1577 Alta Vista Dr, Memphis, TN 38127, 2 beds, 1 bath

$65,000

2 beds1 bath— sq ft

1577 Alta Vista Dr, Memphis, TN 38127

Property at 4236 Argonne St, Memphis, TN 38127, 3 beds, 1.5 baths

$125,000

3 beds1.5 baths— sq ft

4236 Argonne St, Memphis, TN 38127

Property at 2301 Rosehaven Ave, Memphis, TN 38127, 3 beds, 2 baths

$200,000

3 beds2 baths— sq ft

2301 Rosehaven Ave, Memphis, TN 38127

Property at 3430 Shiloh St, Memphis, TN 38127, 3 beds, 2.5 baths

$75,000

3 beds2.5 baths— sq ft

3430 Shiloh St, Memphis, TN 38127

Property at 3392 Hallbrook St, Memphis, TN 38127, 2 beds, 1 bath

$79,000

2 beds1 bath— sq ft

3392 Hallbrook St, Memphis, TN 38127

Property at 3483 Ardmore St, Memphis, TN 38127, 2 beds, 1 bath

$78,000

2 beds1 bath— sq ft

3483 Ardmore St, Memphis, TN 38127

Property at 3067 Morningside St, Memphis, TN 38127, 2 beds, 1 bath

$44,900

2 beds1 bath— sq ft

3067 Morningside St, Memphis, TN 38127

Property at 3286 Amselle Cir, Memphis, TN 38127, 3 beds, 1 bath

$135,000

3 beds1 bath— sq ft

3286 Amselle Cir, Memphis, TN 38127

Property at 850 Carol Ann Cv, Memphis, TN 38127, 4 beds, 1 bath

$120,000

4 beds1 bath— sq ft

850 Carol Ann Cv, Memphis, TN 38127

Property at 2220 Hillside Ave, Memphis, TN 38127, 3 beds, 1 bath

$100,000

3 beds1 bath— sq ft

2220 Hillside Ave, Memphis, TN 38127

Property at 3791 Marvin St, Memphis, TN 38127, 3 beds, 1 bath

$90,000

3 beds1 bath— sq ft

3791 Marvin St, Memphis, TN 38127

Property at 3271 Morningside St, Memphis, TN 38127, 2 beds, 1 bath

$40,000

2 beds1 bath— sq ft

3271 Morningside St, Memphis, TN 38127

Property at 1823 Cedarhurst Ave, Memphis, TN 38127, 3 beds, 1 bath

$76,000

3 beds1 bath— sq ft

1823 Cedarhurst Ave, Memphis, TN 38127

Property at 2548 Sunny Hill Dr, Memphis, TN 38127, 3 beds, 1 bath

$67,850

3 beds1 bath— sq ft

2548 Sunny Hill Dr, Memphis, TN 38127

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Cheap Homes for Sale in 38127

There are currently 288 cheap homes for sale in 38127 at a median listing price of $106K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 38127 stay on the market for 91 days. This map is refreshed with the newest listings in 38127 every 15 minutes.

In the past month, 36 homes have been sold in 38127. In addition to houses in 38127, there was also 1 condo, 3 townhouses, and 7 multi-family units for sale in 38127 last month. Find your dream home in 38127 using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in 38127 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 38127. If you're looking to sell your home in the 38127 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 38127 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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Based on information submitted to the MLS GRID as of Wed Nov 26 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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